Navitas Semiconductor (NASDAQ: NVTS) has appointed Chris Allexandre as its new President and Chief Executive Officer, effective September 1, 2025. Allexandre brings over 25 years of experience in the semiconductor industry, having held senior executive roles at Renesas Electronics Corporation and Integrated Device Technology, Inc. before joining Navitas.
Under Allexandre's leadership, Renesas' power division saw significant growth, with a $2.5 billion power management business and a strategic pivot towards cloud infrastructure, automotive, and industrial markets. This transition included the acquisition and integration of Transphorm, Inc., a supplier of gallium nitride (GaN) solutions.
Navitas expressed confidence in Allexandre's ability to accelerate the company's leadership in GaN and silicon carbide (SiC) technologies, particularly in the growing AI data center and energy infrastructure markets. The company's outgoing President and CEO, Gene Sheridan, who has been at the helm for 11 years, expressed his confidence in Allexandre's ability to lead Navitas into the future.
Allexandre's extensive experience in analog, power, mixed-signal, and digital products across various markets positions him well to drive Navitas' expansion. His appointment comes at a crucial moment for the company as it prepares for growth in the AI data center and energy infrastructure sectors.
Navitas Semiconductor's decision to appoint Allexandre as the new CEO represents a significant strategic move for the company, leveraging his proven track record in driving transformation, delivering sustainable growth, and leading successful business strategies in the semiconductor industry. As a result of these announcements, the company's shares have moved -3.58% on the market, and are now trading at a price of $6.20. Check out the company's full 8-K submission here.
